Aml

Co-operative Banks, RRBs Slow On AML Adoption

Hanuman Tripathi, Group MD- InfrasoftTech discusses major drivers of Anti Money Laundering Soln.(AML) in India. He also informs about the adoption level of AML in India.

Synlog Offers Banks Real-Time Anti-Money Laundering Solution

RAFTS or 'Real-time AML Filter for Turbo Swift' is an add-on plug and play solution to the TurboSWIFT interface, which assists in combating money laundering and terrorist financing in real time.

RBI now fines Rs 2 crore on HDFC Bank for flouting KYC norms

HDFC Bank further said it has implemented a "comprehensive corrective action plan" to strengthen its internal control mechanisms "so as to ensure that such incidents do not recur"

India's bitcoin operators shut shop following RBI warning

While RBI is yet to come out with a clear regulatory framework for bitcoins, which have been gaining currency across the world over the past few months, it has issued an advisory cautioning general public against use of bitcoins and other virtual currencies.

Pakistan Supreme Court asks parties for suggestions to end political crisis

The Pakistan Supreme Court directed all political parties in the country to submit by Thursday their suggestions to end the ongoing political crisis.

Anti-Money Laundering Critical For All Banks

Risks, which earlier were just on paper are physically now taking place.

Technology To Drive Multi-channel Strategies Of Banks

International Bank Tech Summit held in Mumbai, discussed the role of technology in driving multi-channel strategies of banks.

AML Implementations Extend Beyond Compliance